Section 1 Short title
This Act may be cited as the “Non-Judicial Foreclosure Debt Collection Clarification Act”.
Non-Judicial Foreclosure Debt Collection Clarification Act
A BILL
To amend the Fair Debt Collection Practices Act to clarify that the definition of a debt collector includes, in all cases, a person in a business the principal purpose of which is the enforcement of security interests.
Sec. 2 Enforcement of security interests
Section 803(6) of the Fair Debt Collection Practices Act (15 U.S.C. 1692a(6)) is amended by striking “For the purpose of section 808(6), such term also includes any person who uses any instrumentality of interstate commerce or the mails in any business the principal purpose of which is the enforcement of security interests.”.